Going pedal-to-the-medal/balls-to-the-wall/full throttle, usually in a vehicle, and even more usually in a
video game. The main difference between full speed and full spood is that when the latter word is spoken aloud, more often than not, the speaker's current activity will almost
immediately end in an
epic fail.
Gamer A: Dude, I'm almost to
the wall ride...
Gamer B:
You got it, bro.
Gamer A: FULL SPOOD!!!...*launches from ramp*
Gamer B: Yeah, man.
Gamer A: *
commences wall ride*...
Gamer A: *slides off wall and falls into the abyss of epic faildom*...NNNNOOOOOOOOOOO!!!!!!